The power to gas market in Australia was valued at 1.4 million U.S. dollars in 2018 and is expected to increase by roughly 79 percent by 2026, reaching 2.5 million U.S. dollars. Power to gas, also known as PtG or P2G, converts excess or off-peak power from renewable sources into methane syngas or hydrogen, which can later be used as a fuel in other sectors, such as heating or transportation.
Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars)
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Topics
Green hydrogenMRFR. (September 1, 2020). Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 20, 2024, from https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/
MRFR. "Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars)." Chart. September 1, 2020. Statista. Accessed May 20, 2024. https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/
MRFR. (2020). Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 20, 2024. https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/
MRFR. "Power to Gas Market Value in Australia from 2018 to 2019, with a Forecast for 2020 and 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/
MRFR, Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/ (last visited May 20, 2024)
Power to gas market value in Australia from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) [Graph], MRFR, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1287039/australia-power-to-gas-market-value/